DLH sold to Treschow-Fritzøe and Ljunghold
Oaklins was strategic and financial advisor for DLH A/S in the sale of all its operating activities to a consortium consisting of the Norwegian company Treschow-Fritzøe AS and the Swedish company Ljunghold AB.
DLH A/S is a listed, market leading importer and distributor of wood-based panel products to the construction trade industry and DIY retailers in Denmark. The transaction is the result of a strategic review process, that Oaklins since March 2019 has completed for the Board of Directors in DLH A/S.
The sale of DLH’s wholesale activities concludes a three-year focused and very successful turnaround process which included a strategic review in 2019. As our M&A advisor, Oaklins has significantly contributed to achieving a very satisfactory result.MICHAEL HOVE, CHAIRMAN OF THE BOARD, DLH A/S
DLH is one of the largest, oldest and most experienced importers and distributors of wood-based panel products in Scandinavia. Since its inception in 1907, the company has built close relationships with leading suppliers of wood-based panel products in the global market. DLH delivers products to the construction trade industry and DIY retailers. In 2018, the company generated revenues of US$50 million and an EBIT of US$1.1 million.
Read more about DLH on the website: www.dlh.dk
About Treschow-Fritzøe AS and Ljunghold AB
Treschow Fritzøe AS owns 100% of Fritzøe Engros AS in Norway as well as Ceos AB and Skivspesialisten AB in Sweden. In a joint ownership with Ljunghold AB, it also owns Ljungberg Fritzøe AB in Sweden. The group's primary activity is import and distribution of wood-based panel products, and the group is the market leader in Scandinavia with total revenues of US$210 million in 2019.
Oaklins was strategic and financial advisor
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